By CDMStaff
August 20, 2024
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In early 2024, we declared we would no longer print Biden administration economic data because it was fake -- as bad as the Chinese Communist Party information in our opinion.
Today, the U.S. government made huge downward revisions to Biden's job numbers -- they were all a lie to create a false narrative of success. Now that Biden is gone, they are trying to reset a low starting point for Harris, to make it easier for her if for some freak of nature she becomes POTUS.
US job growth in the year through March was likely far less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling further behind the curve to lower interest rates.
Goldman Sachs Group Inc. and Wells Fargo & Co. economists expect the government’s preliminary benchmark revisions on Wednesday to show payrolls growth in the year through March was at least 600,000 weaker than currently estimated — about 50,000 a month, reported Yahoo Finance.
While JPMorgan Chase & Co. forecasters see a decline of about 360,000, Goldman Sachs indicates it could be as large as a million.
By the way, it took us a while to find an AI image generator that would depict Joe Biden as a clown. We got some 'unsafe content' errors, and finally went to Gab AI and had no issues.
